ProofSmart Inc.
ProofSmart Inc., a supplier of home insulation materials, was burned down in a recent fire. From the remains of what used to be the accounting ledger, the following information was recovered:

Prior to the fire, ProofSmart saw a sales growth of $ 48 \% $ in 2007 , a record performance for the 18 year-old company. (NOTE: Gross margin is defined as 1 -(COGS/Sales).)
-What was the inventory turns for 2012? Circle the answer closest to the correct answer.
A)10
B)11
C)12
D)13
E)14
F)15

Question

ProofSmart Inc.
ProofSmart Inc., a supplier of home insulation materials, was burned down in a recent fire. From the remains of what used to be the accounting ledger, the following information was recovered:

Prior to the fire, ProofSmart saw a sales growth of $ 48 \% $ in 2007 , a record performance for the 18 year-old company. (NOTE: Gross margin is defined as 1 -(COGS/Sales).)
-What was the inventory turns for 2012? Circle the answer closest to the correct answer.
A)10 
B)11 
C)12 
D)13 
E)14 
F)15

Quizplus · Accepted Answer

The Answer is F

ProofSmart Inc 48% 48 \% 48% In 2007 , a Record Performance for the 18 Year-Old

ProofSmart Inc $48 \%$ In 2007 , a Record Performance for the 18 Year-Old